International Reserves in Belarus
Belarus - International ReservesThe economy contracted at a softer annual pace in Q3 than in Q2 according to preliminary data. The slight improvement was driven by higher agricultural production and a smaller decrease in the manufacturing sector. However, domestic demand remained weak as indicated by soft retail sales, as protests likely dragged on domestic activity. In other news, political tensions have escalated in recent weeks after President Lukashenko ignored the opposition’s ultimatum asking him to step down by 26 October. As a result, the opposition called a general strike. While observance of the strike has so far been patchy, ongoing protests will likely dent sentiment and retail sales, and could impact industrial production—all of which bode ill for recovery in Q4.
Belarus - International Reserves Data
|International Reserves (EUR)||3.8||4.7||6.1||6.3||8.4|
5 years of economic forecasts for more than 30 economic indicators.
Belarus International Reserves Chart
|Exchange Rate||2.10||-0.36 %||Dec 31|
|Stock Market||0.1||0.0 %||Jan 07|
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January 19, 2021
Industrial output dropped 0.7% in year-on-year terms in December, which was a deterioration from November's 4.3% increase.
December 30, 2020
A second estimate revealed the economy shrank 0.2% year-on-year in the third quarter of 2020, easing from the second quarter’s 3.3% decrease.
December 16, 2020
Industrial production expanded 4.3% in November (October: +4.2% yoy).
December 10, 2020
Consumer prices rose 0.66% over the previous month in November, picking up from the 0.59% increase logged in October.
November 17, 2020
Industrial output rose 4.2% compared to the same month of the previous year in October, which followed September's 1.4% increase.